V 

Approved Code No. 84Hl-Arnendment No. 2 Registry No. 1151-03 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO SUPPLEMENTARY 

CODE OF FAIR COMPETITION 

FOR THE 

WIRE ROPE AND STRAND 

MANUFACTURING INDUS1,RY 

(A Division of the Fabricated Metal Products 

Manufacturing and Metal Finishing 

and Metal Coating Industry) 

AS APPROVED ON MAY 6, 1935 

'WE DO OUR PART 

UNITED STATES 

GOVERNMENT PRINTIN G OFFICE 

WASHING TON : 1935 

For sale by the Superintendent of Documents, Washington, D. C. - - - - - - - - - Price 5 cents 
This publication is ror sale by the ::superrntenuent of Documents, Government 

Printing Office, Washington, D. C., and by the following N. R. A. offices: 

Atlanta, Ga. : 625 Citizens & Southern ational Bank Building. 

Baltimore, l\Id. : 130 u tomhou e. 

Birmingham, Ala. : 201 Liberty National Life Building. 

Bo ton Ma s. : Room 1200, 80 Federal Street. 

Buffa lo, N. Y.: 219 White Building. Chicago, Ill. : Room 204, 400 orth Michigan A venue. 

le, land, Ohio : 520 Bulkley Buildin~. 

D allas, Tex. : 1212 Republic Bank Building. 

D etroit, Mich. : 415 New Federal Building. 

B ou ton, Tex. : 403 Milam Building. 

J ack onville, Fla.: 425 United States Courthouse and Post Office 

Building. 

Lo Angeles, Calif.: 751 Figueroa Street, South. 

Louisville, Ky. : 408 Federal Building. 

Minneapoli , Minn.: 900 Roanoke Building. 

Nashville, Tenn.: 415 Cotton States Building. 

Newark, . J . : 434 Industrial Office Building, 1060 Broad Street. 

New Orleans, La. : 214 Customhouse. 

New York, . Y. : 45 Broadway. 

Oklahoma City, Okla. : 427 Commerce Exchange Building. 

Philadelphia, Pa. : 933 Commercial Trust Building. 

Pitt burgh, Pa.: 401 Law and Finance Building. 

Portl a nd, Oreg. : 407 Park Building. 

Providence, R. I.: rational Exchange Bank Building, 17 Exchange 

Street. 

St. Loui , Mo. : Suite 1220, 506 Olive Street. 

San Franci c , Calif. : Bumbolt Bank Building, 785 Market Street. 

Seattle, Wash.: 1730 Exchange Building. 
Approved Code No. 84Hl-Amendment No. 2 

AMENDMENT TO SUPPLEMENTARY CODE OF FAIR 

COMPETITION 

FOR THE 

WIRE ROPE AND STRAND MANUFACTURING 

INDUSTRY 

As Approved on May 6, 1935 

ORDER 

APPROVING AMENDMENT OF SUPPLEMENTARY CODE OF FAIR COMPETITION FOR THE WIRE ROPE AND STRAND MANUFACTURING INDUSTRY 

A DIVISION OF THE FABRICATED rETAL PRODUCTS MANUFACTURING AND 

METAL FINISHING AND UETAL COATING INDUSTRY 

An application having been duly made pursuant to and in full 

compliance with the provisions of Title I of the ational Industrial 

Recovery Act, approved June 16, 1933, for approval of amendments 

to the Supplementary Code of Fair Competition for the Wire Rope 

and Strand :Manufacturing Industry and a Notice of Opportunity 

to be Heard having been duly given thereon, and the annexed report 

on said amendments containing findings with respect thereto, having 

been made and directed to the President: 

OW, THEREFORE, on behalf of the President of the nited 

States, the National Industrial Recovery Board, pursuant to authority vested in it by Executive Orders of the President, including 

Executive Order o. 6859, dated September 27, 1934, and otherwise, 

does hereby incorporate by reference said annexed report and does 

find that aid amendments and the Supplementary Code as constituted after being amended comply in all respects with the pertinent 

provi ions and will promote the policy and purpo es of aid Title 

of aid Act, and does hereby order that said amendments be, and they 

are hereby approved, and that the previous approval of aid Supplementary Code is hereby amended to include an approval of said 

Supplementary Code in its entirety as amended. 

ATION AL IND STRIA.L RECOYERY BOARD, 

By W. A. HARRDIAN, Administrative Officer. 

Approval recommended: 

JOHN w. UPP, 

Acting Division Administrator. 

W ASHINGTOX, D. C., 

May 6, 1935. 

134180° -1844-10- 35 (1) 
REPORT TO THE PRESIDE T 

The PRESIDENT, 

The White House. 

Srn: Thi i a report on Amendment to the Supplementary Code 

of Fair Competition for the Wire Rope and Strand Manufacturing 

Indu try, to incorporate provisions to con titute as unfair trade 

practices the guarantee or protection in any form again t advance 

or decline in the market price of any produc ; to exclude the export 

trade or ales on hipment for export trade from the provi ions of 

the Supplementary Code relating to prices or term of selling shipping or marketing; to pecifically empower the Supplementary Code 

Authority to pre ent Amendments on behalf of the Indu try as a 

whole; to provide for the payment of liquidated damages; to increase 

the member hip of the Supplementary Code Authority from sixteen 

to eventeen members. These Amendments were proposed in accordance with rticle XI, Sections 2 and 3 of the Supplementary Code 

as approved on May 24 1934 and a otice of Opportunity to be 

Heard wa publi bed on March 25 1935. 

FI1'TDINGS 

The A istant Deputy Admini trator in his final report to the 

National Industrial Recovery Board on said Amendments to said 

Supplementary ode ha ing found as herein set forth and on the 

ba is of all proceedings in this matter : 

The Amendment to Article VIII Rule 12 covers the guarantee 

against advance and decline in prices. 

Finding: To prevent unfair competition, the trade practice of 

guaranteeing a purchaser again t adv-ance or decline in prices i to 

be con idered unfair. 

The Amendment to be new Article XI relate to Export Trade. 

Finding: Thi mendment b excluding Export Trade from the 

provi ion of the Supplementary ode relating to prices or term 

of elling hipping or marketing allow a better opportunit for 

th fre flow of foreio-n commerce. The competitiv ondition of 

th variou con umer countrie will be better overcome and a re ultant increa e in production may be expe ted. 

The m ndm n to Arti 1 IX Section 2 and 3 authorize the 

uppl mentar od Auth rity to pre e.nt mendm nt on b half 

of th Indu try a a whole. Findin : nd r th · · 

C d it i n ar for 

of th m mb r of th 

implif thi pro lure. 

Th m n lm nt t b i len ifi a 

pa) m nt of liquidat d dama 

(2) 

in th uppl m ntary 

ubmitted b a majorit 

The Amendment ill 

rticl X pro id fr the 
3 

Finding: Me111bers of the Industry who so desire may enter into 

an agreem nt among them elves for payment of liquidated damages. 

Thi voluntary agreement will tend to promote the general welfare 

of the Industry and will improve the standards of labor through 

increa ed employment and protection of wage and hour provisions. 

The Amendment of Article IV, Section 1, Paragraph 2, increases 

the membership of the Supplementary Code from sixteen to seventeen members. 

Finding: Thi Amendment recognizes the need of further Industry representation, and the Supplementary Code Authority will represent approximately ninety-five percent of the total production and 

sales in the Industry. 

GENERAL FINDINGS 

(a) The Amendments will not change the fundamental economic 

conditions of the Industry, will not obstruct any sound economic 

practice in the Industry and will further the economic progress of 

any manufacturer or member of the Wire Rope and Strand Manufacturing Industry. 

(b) The Supplementary Code, as amended, complies in all respects with the pertinent provisions of said Title of said Act, including without limitation Subsection (a) of Section 3, Subsection 

(a) of Section 7, and Subsection (b) of Section 10 thereof. 

(c) The Supplementary Uode provides that the aforesaid Amendments may be presented by a majority by number of all members 

of the Industry. 

Finding: The total number of members in the Industry is twentyone (21). A vote of approval has been received from a majority of 

the members. 

( d) The Amendments and the Supplementary Code as amended 

are not designed to and will not permit monopolies or monopolistic 

practices and will not eliminate or oppress small enterprises or discriminate against them. 

Findino-: The tendency towards any monopoly arising is not 

anticipated. The Amendments were considered at a meeting of the 

Supplementary Code Authority representing eighty percent by number of the members of the Industry. A Notice of Opportunity to 

Be Heard was published and all members of the Industry have been 

given a ballot on which they may vote on the proposed Amendments. 

( e) Tho e engaged in other steps of the economic process have 

not been deprived of the right to be heard prior to the approval o:f 

said Amendments. 

Finding: No protests were received from other industries as a 

result of publishing the Notice of Opportunity to be Heard. 

For these reasons, therefore, these Amendments have been approved. 

For the National Industrial Recovery Board: 

MAY 6, 1935. 

w. A. HARRIMAN, 

Administrative Officer. 
AME DMENT TO SUPPLEME TARY CODE OF FAIR 

COMPETITION FOR THE WIRE ROPE AND STRA D 

MANUF ACTURI G INDUSTRY 

A Dmsro :r OF THE FABRICATED j\1ETAL PROD CTS :i\fAN ACT RING 

AND j\fETAL FINISHING AND NIBT.AL COATING IND TRY 

Article IV, Section 1, Paragraph 2, to be amended as follows: 

' There hall be constituted within the sixty-day period a Supple- mentary Code Authority of seventeen members to be elected by the 

members of the Indu try at a meeting to be called by the temporary 

Supplementary Code Authority upon ten (10) day ' notice sent by 

regi tered mail to all known member of the Indu try, each member 

of the Indu try to have one vote and uch member may vote either 

in person or by proxy, a majority of votes so cast being nece sary 

for lection.' 

Add the following Rule 12 to Article VIII : " :i\faking or giving 

to any purcha er of any product any guarantee or protection in 

any form again t advance or decline in the market price of such 

product." 

D lete ecti n 2 and 3 of Article IX and ub titute therefor a 

new Section 2 a follows: ' Thi Supplementary Code, except as 

to provision r quired by the Act 1nay be modified or amended on 

the ba is of experien e or change in circum tance , such modifications or amendments to be ba 0 d upon application by the Supplementary ode uthority or other repre entative group within the 

Indu try to the ational Indu trial Recovery Board and uch Notice 

and Hearing a it hall pecify and to oocome effective and be a 

part of thi upplementary Code on appro-\ al by the Pre ident 

an l/ or the ational Indu trial Recovery Board.' 

Liquidated Damage to be added a, new Article X: "Any m mber of the Indu try may e:r:.iter into an agreement with any other 

member or member f the Indu try providino· for the payment of 

liquidated dama ae by any party ther to upon violation by him 

of any provi ion of the upplementar od , provided however 

that ~uch agre ment hall be ome :ffectiv and bindina on the 

partie thereto nly after the exe ution ther of hall hav r i eel 

the on ent of the ational In lu trial Reco ry Board.' 

Export Trad -to be a ld d a new Articl XI, the uc dino· 

rti le t be r numb r c1 a cordin ·l : ' o pro i ion of thi upI 1 m ntary o 1 r latino· t pri or t rm of ellina hippina or 

mark tina hall ar ply t e p rt tra 1 or al or hipm nt for 

exp rt tra 1 . Export Trade ' hall b a cl fin d in the Export 

Trade ct a a opt 1 I ril 10, 191 . 

ApproY d od "'"o. -!Hl- \.m ndm nt N . 2. 

gi try . 1151-03. 

(4) 

0 
Digitized by the Internet Archive 

in 2011 with funding from 

University of Florida, George A. Smathers Libraries with support from LYRASIS and the Sloan Foundation 

http://www.archive.org/details/amendmenttosupp10296unit 
UNIVERSITY OF FLORIDA 

II I II IIIIII Ill Ill lllll lllll II IIIIII II llll llllll 11111111111111111 

3 1262 08583 0296